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Dec 9, 2013
12/13
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as unpopular as thatchers poll tax? accepts that when you make a change from one system to another, there are hard cases that need to be dealt with professionally. the discussion. a housing spokesman has declared recently that the department will be tougher on welfare. yet that side of the house has opposed 83 billion pounds worth of welfare savings. are they cuts or are they not? -- or are they nothing? >> as you will know more than many, over the last three years, the leadership has shown a lamentable failure to provide consistent information to residents affected by the phase -- to residents evicted by the phase one proposal. in my constituency, they are holding a roadshow to tell my constituents about phase two. will he work with his honorable colleagues in government to ensure phase two provides decent compensation to everyone affected? >> i know he has strong views on this because of the way that hs- 2 may affect his constituency. of course, i agree with him. not only should full compensation be available, but als
as unpopular as thatchers poll tax? accepts that when you make a change from one system to another, there are hard cases that need to be dealt with professionally. the discussion. a housing spokesman has declared recently that the department will be tougher on welfare. yet that side of the house has opposed 83 billion pounds worth of welfare savings. are they cuts or are they not? -- or are they nothing? >> as you will know more than many, over the last three years, the leadership has...
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Dec 5, 2013
12/13
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BLOOMBERG
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if you tax a shareholder, you are taxing the alternate beneficiary area >> as an ordinary rate. >> and they are clipping coupons. they are not hiring people. >> and corporations are doing that. >> you take their rate to zero. all this money to talk about overseas, if the corporations take that money and buy back stock and issue dividends, that money comes back at a 40% rate. they are not bringing it to the 35% rate. do you think this has a chance in hell of being politically viable? worse question. is the reason you are going to all these campuses is you want to create some kind of political action that might result in having a chance in hell? >> the second question, i want to shine a light on this issue. i am desperately hoping the young people will start a movement. you i want to start a movement? i do not think i am capable. do i think i can articulate the facts? and have i seen them respond that someone else can start a movement? yes. they were instrumental in getting gay marriage passed. they are moving the needle on the environment. this thing is similar. >> on both of those issu
if you tax a shareholder, you are taxing the alternate beneficiary area >> as an ordinary rate. >> and they are clipping coupons. they are not hiring people. >> and corporations are doing that. >> you take their rate to zero. all this money to talk about overseas, if the corporations take that money and buy back stock and issue dividends, that money comes back at a 40% rate. they are not bringing it to the 35% rate. do you think this has a chance in hell of being...
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Dec 10, 2013
12/13
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ALJAZAM
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point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending. that mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided government budget agreement since 1986. the reason why we haven't done a budget agreement when both houses were controlled by other parties since 1986 is because it's not easy to do. we're not going to get everything that we want and she's not going to get everything that she wants. >> what if they reject it. >> i think we'll pass there though the house. we'll go first given our schedules. we'll post this on our website this evening and we intend to bring it to the house floor later this week. i have every reason to expect great support from our caucus. we're keeping our key principles. no one here had to sacrifice their core principles. our principles are don't raise taxes, reduce the deficit. we also have a lot of concerned members about defense. the next hit was going to hit solely on the m
point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending. that mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided government budget agreement since 1986. the reason why we haven't done a budget agreement when both houses were controlled by other parties since 1986 is because it's not easy to do. we're not going to get everything that we want and she's not going to...
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of americans pay or no income taxes now you re going to take as ailes tax and everything else add on no i'm saying but i'd say it was forty percent what the seven percent not the highest i'm a green and that's because of thirty two years of reaganomics have thrown the word have thrown the american middle class into the working poor now you're saying that sometimes they say but romney would like that which struck me as a guy who wants to talk about romney well i've romney was an example he's met he's met it's all these other guys you know quarter to three quarters of the most profitable corporations in america pay no taxes most of most wealthy people in america people who are have an entitled over a million dollars a year are paying very wonder if you're considering how to get more people up to that category and try to write on how to not the people down to the plate place where they are having to pay all these things i would like to see a relative i don't i don't i know you don't i know you want to be millionaires and you are the poor people and i think they don't think we have too m
of americans pay or no income taxes now you re going to take as ailes tax and everything else add on no i'm saying but i'd say it was forty percent what the seven percent not the highest i'm a green and that's because of thirty two years of reaganomics have thrown the word have thrown the american middle class into the working poor now you're saying that sometimes they say but romney would like that which struck me as a guy who wants to talk about romney well i've romney was an example he's met...
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free zones were not or that's not true or he were taxed might already taxes him we're going to talk about unemployment here's the thing he's basically cutting taxes in those areas where they haven't had one ride tracks tax breaks for corporations ever since you know reagan came into office it doesn't. you're the last you said you want to have it was not trying to get rid of all the taxes he's trying to lower them to five percent for personal and corporate taxes which is the same this would save one week one of them for the middle seventy four percent down to twenty eight percent a year but the thing is and it exploded the deficit it's only happening in luxor is what they have been over twelve percent unemployment rate so we're talking about highly distressed areas wouldn't you like to see tax cuts go at least to those areas where people are hurting the most where unemployment is the highest tax cuts that have not worked so we've got a policy that for thirty two years we've tried over and over and over again every time we try it it makes things worse and you say oh yes let's do more
free zones were not or that's not true or he were taxed might already taxes him we're going to talk about unemployment here's the thing he's basically cutting taxes in those areas where they haven't had one ride tracks tax breaks for corporations ever since you know reagan came into office it doesn't. you're the last you said you want to have it was not trying to get rid of all the taxes he's trying to lower them to five percent for personal and corporate taxes which is the same this would save...
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tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. without bringing any new money to detroit, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making it expensive for city government and for businesses to locate in detroit. we think if you combine all of this, that it would be the model for how you would rescue cities across the country but any impoverished area. we have impoverished areas in eastern kentucky. we think this same plan would rescue them and parts of louisville and other major cities. >> maybe the country while you're at it. we have had five years of spread the wealth. you didn't build that. share share economics. where has obama failed detroit? >> here's the problem. the president says let me tax houston, send it to washington, then i'll pass
tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. without bringing any new money to detroit, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making...
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when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be spent, invested into new businesses. that's the genesis of economic growth. capital investments. >> while small businesses are getting hurt, the big businesses have been doing fine. in fact, look what happened with the obama recovery compared to the bush expansion. the top one percent, we're hearing a lot about them, they had an expansion of 65% during bush. during the obama so called recovery they got 93%. so the rich have all these special deals which is helping them get more money while the poor are losing. >> i hear what you are saying. here's the thing. we see time and again these poll significances say we do want pro growth economic policies but they show up in washington d.c. and i think they got some kind of stockholm syndrome where they do their krony capitalism to redistrict and that doesn't work. mike is right. all new job creation over the last decade or so comes from the small business startups and, boy, they're g
when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be spent, invested into new businesses. that's the genesis of economic growth. capital investments. >> while small businesses are getting hurt, the big businesses have been doing fine. in fact, look what happened with the obama recovery compared to the bush expansion. the top one percent, we're hearing a lot about them, they had an expansion of 65% during bush. during...
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Dec 4, 2013
12/13
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ALJAZAM
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there are the tax payers and the city. when i was receiver in harrisburg i would talk to the citizens all the time who were very concerned about what it meant to them and how much taxes they would have to pay. the other i think said in your introduction people talked about the constitutional investors but a lot of bond holders are holding shares in mutual funds and using their retirement money to invest partially in bonds. when you have a meltdown situation like this, it's not just the workers who are hurt but the toda taxpayers, the citd bond holders, the individuals. when you're doing a work out like this, the goal is not to let anybody off free. i know in some of your guests are arguing that pensions should be sacks cro sac rosant. at debt is too great for the tax payers have to pay. all parties will have to accept that they will have pain as part of the process. it takes a while to get there. you see detroit with its pensioners saying don't touch us. the goal is to have a fair and proportion nat loss suffered by everyb
there are the tax payers and the city. when i was receiver in harrisburg i would talk to the citizens all the time who were very concerned about what it meant to them and how much taxes they would have to pay. the other i think said in your introduction people talked about the constitutional investors but a lot of bond holders are holding shares in mutual funds and using their retirement money to invest partially in bonds. when you have a meltdown situation like this, it's not just the workers...
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Dec 2, 2013
12/13
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frankly a lower flatter tax for americans is good. believe in appen to an earned income tax credit. that could accompany it. it's one way. we had the largest tax cut in the united states in the last budget. we -- we have earned income tax credits. refundable. it helps people. that's a reagan philosophy. help them both ways. so with carried interest. i haven't spent enough time it.nking about it should be on the table. at the end of the day, let's not up omething that gums venture capital that's creating the 24th century businesses. let's be careful about that. is a question about popularity. conservatism and populism and marrying those two things together. i'll keep going, to rick's dad, my dad, john's day. of people just think, wall 16,000 the dow over people losing, seeming every further and further behind. too big to fail, bigger to fail, bigger than before. there are a lot of conservatives with a small c out there that conservative populist talking about this issue, talking about breaking up banks. why are -- why do we keep to move bad behavior forward and rewarding bad behavior
frankly a lower flatter tax for americans is good. believe in appen to an earned income tax credit. that could accompany it. it's one way. we had the largest tax cut in the united states in the last budget. we -- we have earned income tax credits. refundable. it helps people. that's a reagan philosophy. help them both ways. so with carried interest. i haven't spent enough time it.nking about it should be on the table. at the end of the day, let's not up omething that gums venture capital that's...
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and america provided the place for you to make it for you to get up and leave balance to greener tax pastures if you would think that everyone has the right to move where they want and i think it's important that we preserve that right but when it comes to the moral question that you asked for people who have benefited from anything in the united states from patent legislation to good roads to solid internet to anything like that certainly would make sense for for them to want to give back to a certain degree but i don't even think the fairness is just from the people who are running around to other countries like it's also for the people like i don't know presidential candidate mitt romney who are putting their money into tax havens so you could stay in the united states. and aspire to the highest office here and still be trying to hide away a lot of your money so to me it's like if you're moving away at least you're admitting like listen i don't want to be this money you know it legally when i don't. and i appreciate consistency about. that now check this out numerous high profile
and america provided the place for you to make it for you to get up and leave balance to greener tax pastures if you would think that everyone has the right to move where they want and i think it's important that we preserve that right but when it comes to the moral question that you asked for people who have benefited from anything in the united states from patent legislation to good roads to solid internet to anything like that certainly would make sense for for them to want to give back to a...
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Dec 7, 2013
12/13
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CNBC
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tax and spend. if i were the republicans i would do nothing. let the sequester happen. >> what are we on now, three years of rollicking with our fiscal policy. it's interesting just how mum everyone's been as this week wrapped up. so we'll see what happens in the coming days, but it's notable that there isn't a whole lot of speculation. i certainly -- i heard loud and clear what john just said. but beyond that, we don't know. >> well, i think there's no appetite for a shutdown. i agree. but jimmy, i don't know, i'm not sure i really understand the politics here from the republicans side. talk to me. talk to me about this because they have the hand. they hold the ace of the gop. why do they have to mess around with this kind of package? >> since 2009, two amazing things have happened. one, somehow we got almost all of the bush tax cuts extended. that's pretty good and somehow we have had to back-to-back years with the declining spending that's the first time that happened since the korean war. >> whi
tax and spend. if i were the republicans i would do nothing. let the sequester happen. >> what are we on now, three years of rollicking with our fiscal policy. it's interesting just how mum everyone's been as this week wrapped up. so we'll see what happens in the coming days, but it's notable that there isn't a whole lot of speculation. i certainly -- i heard loud and clear what john just said. but beyond that, we don't know. >> well, i think there's no appetite for a shutdown. i...
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Dec 10, 2013
12/13
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ALJAZAM
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one thing about that is capitol gains taxes, taxed at a lower rate. and also if you look at wall street, and what's happening, in the dough jones and the s&p 500, you will see a lot of those returns are doing incredibly well. >> is there one thing that people at the middle income, or low income levels can do to dig themselves out? >> that's a great question. we focus on the individual, the one thing we really believe is that individuals have a tremendous power, to change their financial futures. if they just follow certain steps. everyone has a different story, things like living within their means. things that are much easier said than done, a lot of folks when there's a wide income gap, they will do a lot of things that they probably shouldn't. take out that second mortgage, put the pool in the backyard when you can't afford it. buy the bigger home when you can't afford it. there are so many things you can do for a specific individual, i suggest going to places like bank rate.com, where we have a lot of advisors, analyst, ways to help people. >> chr
one thing about that is capitol gains taxes, taxed at a lower rate. and also if you look at wall street, and what's happening, in the dough jones and the s&p 500, you will see a lot of those returns are doing incredibly well. >> is there one thing that people at the middle income, or low income levels can do to dig themselves out? >> that's a great question. we focus on the individual, the one thing we really believe is that individuals have a tremendous power, to change their...
SFGTV2: San Francisco Government Television
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Dec 3, 2013
12/13
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SFGTV2
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we do allow tax returns, projections. credit unions do not charge an additional loan or processing fee. processing time, on a small loan, -- consumer loans probably a few days. because we require a business plan, sometimes it takes longer. business plans take a while. especially bank statements. we need to see consistent income coming in. so far, a credit union delinquent rate is quite low because we are working with a client. we want to keep that low and as part of our mission. there is no application fee. if you are interested in an application or information, i have brochures, or you can give us a call. >> thank you. next is marked with wells fargo. >> hello, i work for wells fargo bank. i cover the northern california region. i usually focus on about $350 -- $350,000 of sbe loans. last year, for 2010, i did 43 loans. so we are lending. i usually focus on six different types of loans. start-ups, business acquisitions, real estate purchases with ti's, working capital, a partner buyouts, business expansion. when i am loo
we do allow tax returns, projections. credit unions do not charge an additional loan or processing fee. processing time, on a small loan, -- consumer loans probably a few days. because we require a business plan, sometimes it takes longer. business plans take a while. especially bank statements. we need to see consistent income coming in. so far, a credit union delinquent rate is quite low because we are working with a client. we want to keep that low and as part of our mission. there is no...
SFGTV: San Francisco Government Television
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Dec 6, 2013
12/13
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SFGTV
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they pay their taxes. they may run into a rough patch now and then and what we're able to provide is a bridge towards getting them back on their feet. the center averages about 14,000 visits a year in the health clinic alone. one of the areas that we specialize in is family medicine, but the additional focus of that is is to provide care to women and children. women find out they're pregnant, we talk to them about the importance of getting good prenatal care which takes many visits. we initially will see them for their full physical to determine their base line health, and then enroll them in prenatal care which occurs over the next 9 months. group prenatal care is designed to give women the opportunity to bond during their pregnancy with other women that have similar due dates. our doctors here are family doctors. they are able to help these women deliver their babies at the hospital, at general hospital. we also have the wic program, which is a program that provides food vouchers for our families after t
they pay their taxes. they may run into a rough patch now and then and what we're able to provide is a bridge towards getting them back on their feet. the center averages about 14,000 visits a year in the health clinic alone. one of the areas that we specialize in is family medicine, but the additional focus of that is is to provide care to women and children. women find out they're pregnant, we talk to them about the importance of getting good prenatal care which takes many visits. we...
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Dec 2, 2013
12/13
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they have the general services tax, the value added tax. the price elasticity on a can of soda as very small. price elasticity is how much of a change in consumption you will see with the one percent change in price. it does not change much. a 10% price increase only increases consumption by 2%. that is not very good. that is what we talk about -- a penny an ounce. existing taxes on soda so far have not resulted in soda consumption. at 3%. this fits this. soda taxes, are they for programs or to reduce consumption? if they are for programs and not consumption, do you know what will happen? soda companies will say, it did not work. worse yet, some unscrupulous politician will take the money and use it for general funds or personal funds and that is what everybody is worried about because that is what we have seen already with tobacco. large taxes are necessary to reduce consumption. the rand corporation says we need a 36% tax to effectuate a 25% reduction in consumption. we need to double the price of a can of soda. do you think anybody is re
they have the general services tax, the value added tax. the price elasticity on a can of soda as very small. price elasticity is how much of a change in consumption you will see with the one percent change in price. it does not change much. a 10% price increase only increases consumption by 2%. that is not very good. that is what we talk about -- a penny an ounce. existing taxes on soda so far have not resulted in soda consumption. at 3%. this fits this. soda taxes, are they for programs or to...
SFGTV2: San Francisco Government Television
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Dec 3, 2013
12/13
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SFGTV2
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involves a combination of a payroll tax, commercial occupancy tax, and gross receipts tax. all of that could be in a remade form of our business tax structure. >> that is a good question to ask. i will ask this monday. >> i was born in of los angeles. i was in a mexican-american, a chicano town. my dad was a launch your worker. my mother was an office worker at usc. my parents were divorced when i was 10 years old. i moved to the east coast and lived there for six years and then fled back to california after high school. i went to school at uc santa barbara. i have been in san francisco since 1989, have lived in the excelsior since 1999. the difficulty is, muni often sees it as an industrial area, not a neighborhood. we have to figure out how to make it work as a neighborhood and as a place that can service the light rail vehicles. i have had lots of different jobs. my main job has been doing social work for san francisco state university. i have been a community organizer, a social worker, but i have also been a legislative aide. i worked mostly for community- based organi
involves a combination of a payroll tax, commercial occupancy tax, and gross receipts tax. all of that could be in a remade form of our business tax structure. >> that is a good question to ask. i will ask this monday. >> i was born in of los angeles. i was in a mexican-american, a chicano town. my dad was a launch your worker. my mother was an office worker at usc. my parents were divorced when i was 10 years old. i moved to the east coast and lived there for six years and then...
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Dec 7, 2013
12/13
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>>'m trying to lower taxes for detroit. i don't want to raise taxes. it's hard to come to an agreement. divided government. most likely we'll get another continuing resolution. our country is almost evenly split. republicans and half democrats. what we believe in is very far it's hard to find agreement. debate is good. ust because we're having discussion, that's bad. we've been debating since the beginning of our republic. a good healthy debate is good sometimes. >> several questions around the polarization and the disgust general american public has with that polarization and the grid lock in washington. propose to help heal some of that. >> i think we can, you know, agree to disagree and not necessarily always be disagreeable. some of that is personalities, how we work things out. i think, i t and i, don't know him real well, i fine. we've gotten along i've rid on air force one with him, talking about structure. trying to be supportive. there's various policy issues i haven't attacked him and tried to be supportive on on some of the drug issues. it's
>>'m trying to lower taxes for detroit. i don't want to raise taxes. it's hard to come to an agreement. divided government. most likely we'll get another continuing resolution. our country is almost evenly split. republicans and half democrats. what we believe in is very far it's hard to find agreement. debate is good. ust because we're having discussion, that's bad. we've been debating since the beginning of our republic. a good healthy debate is good sometimes. >> several...
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property tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed but then you rob those anti-poverty programs by calling yourself a former? that is the hypocrisy that is frustrating to see why i wrote the book calling of these people on their duplicity. john: one final example some of the activists are so eager to promote anti- capitalist they glamorize people like bill ears -- bill ayers they killed people and bombed buildings and obama held a fund-raiser in bill ayers living room so robert redford came out with a movie based on the weather underground that the terrorists are on the run. >> we'd never be trade any of us all these years. >>
property tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is...
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Dec 4, 2013
12/13
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KQED
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if you tax the shareholder you're taxing the ultimate -- >> rose: at ordinary income rates. >> yes. and they're clipping coupons, they're not hiring people, they're not engaging in spending. >> rose: and corporations are doing that. >> and take their trite 0. by the way all this money they talk about overseas, if the corporations take that money and buy back stock and issue dividends, that money comes back at a 40% rate. they're not even bringing it back to the 35% rate. >> rose: can you think this has a chance in hell of being politically viable? first question. second question, is the reason you're sitting at this table going to campus is is because you want to create some kind of political action that might result in it having a chance in hell? >> the second question: i want to shine a light on this issue and i am desperately hoping the young people will start a movement. do i want to start the movement? i don't think i'm capable. do i think i can articulate the facts and have i seen them respond that somebody out there could start a movement in yes. in my opinion they were instr
if you tax the shareholder you're taxing the ultimate -- >> rose: at ordinary income rates. >> yes. and they're clipping coupons, they're not hiring people, they're not engaging in spending. >> rose: and corporations are doing that. >> and take their trite 0. by the way all this money they talk about overseas, if the corporations take that money and buy back stock and issue dividends, that money comes back at a 40% rate. they're not even bringing it back to the 35% rate....
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Dec 9, 2013
12/13
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CSPAN
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the tax is a federal tax. it is important to account for it separately since we have a dedicated payroll tax for that purpose. balancing should be -- ideally it would be good if we could say social security was completely off budget. and technically speaking it is off budget. it is money that comes into the treasury and the benefits go out. it is not as if beneficiaries -- we talk about the payroll tax being insufficient to cover benefits, which it is right now. the program is running a deficit. able toecurity is receive sufficient funding by cashing in the bonds it has in that is anund, but expense to the treasury which has to come up with the money to cover those bond payments into social security. the bottom line is it is part of the federal budget. we have not privatized the system. the money is accounted for separately. the government is not going to default on the money it owes to social security or to the medicare part a trust fund. host: bob is on our line for and dependents. -- for independents. calle
the tax is a federal tax. it is important to account for it separately since we have a dedicated payroll tax for that purpose. balancing should be -- ideally it would be good if we could say social security was completely off budget. and technically speaking it is off budget. it is money that comes into the treasury and the benefits go out. it is not as if beneficiaries -- we talk about the payroll tax being insufficient to cover benefits, which it is right now. the program is running a...
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Dec 9, 2013
12/13
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CSPAN
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lady knows thee respective views of the coalition on the so-called merhige tax -- marriage tax. i would point out to her that, , it is government raising the point to which the book pay income tax, which is disproportionately beneficial to women. 1.5 million women would be better off with our change. it is this government that is dividing more affordable places over the last 13 years -- then over the last 13 years under labor. we are waiting for high-speed broadband. we had really good news in somerset. 80% of my constituency will be connected by 2016. over 8000 properties will not be. they are the so-called last 10%. will we commit the funds to set aside to finish the job? we do not want complex systems. we do not want macs funding. we just want the job done. investing over 32 million pounds already in extending the coverage of superfast broadband as part of the current rural broadband program. over 10,000 premises are expected to be covered by the end of the year and 74,000 by next july. wehis point, the final 10%, announced back in june a quarter of a billion pounds to extend
lady knows thee respective views of the coalition on the so-called merhige tax -- marriage tax. i would point out to her that, , it is government raising the point to which the book pay income tax, which is disproportionately beneficial to women. 1.5 million women would be better off with our change. it is this government that is dividing more affordable places over the last 13 years -- then over the last 13 years under labor. we are waiting for high-speed broadband. we had really good news in...
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Dec 9, 2013
12/13
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CNNW
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the tax code has to be flatter and you need to de-special deal the tax code. that sounds easy, but when you get into the details, everybody balks. they might be for tax reform that lowers rates, expands the base and over time helps the economy. if you can put that together you have the possibility of a grand bargain. >> you sound like my president. why did you raise your hand when obviously that question was, are you willing to do a deal 10-1 positive for democrats, negative for republicans. >> when i was the governor, the question isn't will republicans never raise one dime of revenue, they have. what are you getting for it by way of reform and accountability and change? >> stay right there. we're going to try too finish this question up. i have a couple more questions for you. but next, the final question for both of you guys, i also want you folks at home to get involved. you can weigh in on today's fire-back question. do you support extending unemployment benefits for the long-term unemployed? we'll be back after this break. stick with innovation. stick wi
the tax code has to be flatter and you need to de-special deal the tax code. that sounds easy, but when you get into the details, everybody balks. they might be for tax reform that lowers rates, expands the base and over time helps the economy. if you can put that together you have the possibility of a grand bargain. >> you sound like my president. why did you raise your hand when obviously that question was, are you willing to do a deal 10-1 positive for democrats, negative for...
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Dec 3, 2013
12/13
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usa today retailers may face growing government pressure to collect sales taxes. even in states where they have no physical presence. the us supreme court has declined to hear amazon dot coms appeal the company sought to overturn a two thousand and eight new york state law that requires online retailers to collect the sales tax. amaz officials had originally filed the lawsuit in new york they said they shouldn't have to collect the tax because they have no business facilities in the state the officials cited a supreme court ruling that said the state government cannot impose a sales tax on businesses. alas they have a physical presence in that state. amazon lost the case however been filed an appeal the supreme court didn't give reasons for its decision not to rule on the case different states in the us have different tax systems experts point out that some of those systems and become outdated in that each of the internet. indian women are breaking with tradition they're finding jobs in workplaces traditionally dominated by man but challenges remain. even for wome
usa today retailers may face growing government pressure to collect sales taxes. even in states where they have no physical presence. the us supreme court has declined to hear amazon dot coms appeal the company sought to overturn a two thousand and eight new york state law that requires online retailers to collect the sales tax. amaz officials had originally filed the lawsuit in new york they said they shouldn't have to collect the tax because they have no business facilities in the state the...
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Dec 10, 2013
12/13
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to a flath regard tax, we must reform the tax code. we are letting wealthy people get off the hook by sending the money overseas. we saw a presidential candidate do that in the last election. that is not fair. somebody making several million dollars a year would be paying the same rate as somebody that is digging a ditch for $10 an hour. that is not fair. clearly we need to simplify the loopholeso end the that allow corporations -- some corporations pay no tax at all. that is wrong. individuals can avoid taxes with loopholes and schemes. all of that should end. part of the responsibility is to help pay for the nation in a fair and appropriate way. we have a huge public campaign finance reform. we have secret money in terms of hundreds of billions of dollars. it is clearly corrupting the process. the supreme court's decision made it difficult to pass any ind of legislation except t so that disclosure people know what to expect. the internal revenue service is looking at it regulation that is being abused and this is the 501c4 regulation
to a flath regard tax, we must reform the tax code. we are letting wealthy people get off the hook by sending the money overseas. we saw a presidential candidate do that in the last election. that is not fair. somebody making several million dollars a year would be paying the same rate as somebody that is digging a ditch for $10 an hour. that is not fair. clearly we need to simplify the loopholeso end the that allow corporations -- some corporations pay no tax at all. that is wrong. individuals...
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Dec 2, 2013
12/13
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it notes expiring tax provisions , that more than 60 tax provisions are set to expire at year's end. also on thatalso on that my to-s the medicare reimbursement for doc there's. --for doctors. this first session of the hundred 13th congress passing under -- enacting just under 60 pieces of legislation. carl is up from kansas city, missouri on our lines for democrats. good morning. i am a liberal democrat from kansas city, missouri and i want to say a couple of things real quick. the media has gotten 80% of -- 40% of americans think he is a communist from kenya. and obama is a moderate republican. he is lower taxes for the very rich when they were supposed to be temporary. but because of clinton's surplus they have extended that. he got caught in an economic bind and he helped out the bankers. what he is doing with the insurance company are trying to do is trying to use free enterprise to regulate and turn the insurance companies who, by andway, are scam artists, turned them into a regulated utility and set some rules for the game and all the subsidies are going to the insurance compa
it notes expiring tax provisions , that more than 60 tax provisions are set to expire at year's end. also on thatalso on that my to-s the medicare reimbursement for doc there's. --for doctors. this first session of the hundred 13th congress passing under -- enacting just under 60 pieces of legislation. carl is up from kansas city, missouri on our lines for democrats. good morning. i am a liberal democrat from kansas city, missouri and i want to say a couple of things real quick. the media has...
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i have a constructive suggestion we always get our tax to use the roads. we use the gas tax. back in the old days all the stars at 50 miles to the gallon. if we will tax according damage people use the roads as according to how much gas to use which is what they're really proposing, the people with these high-mileage tabriz should have to pay twice the sales tax as someone with a gas guzzler. it is the same where and tear on the roads. what really troubles me is how much they waste the gas tax money. we spend enough on the road, but it gets wasted because of federal money, whenever there is federal money involved we have to hire unionized workers. those wages are so out of whack with the market price that we can never afford the roads. melissa: i don't know. uni have been covering this for ever. we always said the only cure for high prices as high prices. they were really high. we did everything we could to fix that, drilling more, driving less, doing all this stuff. the government comes in and picked my pocket anyway. >> i'm telling you. and every mile that we drive right no
i have a constructive suggestion we always get our tax to use the roads. we use the gas tax. back in the old days all the stars at 50 miles to the gallon. if we will tax according damage people use the roads as according to how much gas to use which is what they're really proposing, the people with these high-mileage tabriz should have to pay twice the sales tax as someone with a gas guzzler. it is the same where and tear on the roads. what really troubles me is how much they waste the gas tax...
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a tax to end all taxes. what a dumb emocratic congressman issa cooking so i can reach ally bank 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. because you can't beat zero heartburn. woo hoo! [ male announcer ] prilosec otc is the number one doctor recommended frequent heartburn medicine for 8 straight years. one pill each morning. 24 hours. zero heartburn. neil: if the democratic congressman earl blumenauer gets his way, taxes will double to about 33.4 cents per gallon. so calm down. anyway, he sas it is to pay for poorly funded transportation and he also said it is high time since th federal gas tax has been high. i so do it, are you okay this? >>
a tax to end all taxes. what a dumb emocratic congressman issa cooking so i can reach ally bank 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs...
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Dec 9, 2013
12/13
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CNBC
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sales tax, property tax? >> sales tax and property tax. what happens is -- >> there's no income tax. >> yeah, no income tax. we're in a position working hard to compete. no income tax, right to work state. low-business tax and more businesses don't pay it every year. companies like hertz are moving down there because they can solve their customer needs because they don't pay taxes. if they're in new york or connecticut, they'd have to pay. >> okay. so how will you replace the $2 billion? >> sales taxes. >> will they have to go up? >> no, i'm cutting taxes -- i've cut taxes every year. i've been governor three years, cut taxes basically 24 times. it's property taxes, business taxes, sales tax. we have all budget surplus, i walked in with a budget deficit, i now have a $1.2 billion surplus. we're making our economy the opportunity economy where, you know, if you want to build a business, you can -- and you want to get a job, you come to florida. >> your unemployment rate has dropped quicker than any other state, i know that. and you're now -
sales tax, property tax? >> sales tax and property tax. what happens is -- >> there's no income tax. >> yeah, no income tax. we're in a position working hard to compete. no income tax, right to work state. low-business tax and more businesses don't pay it every year. companies like hertz are moving down there because they can solve their customer needs because they don't pay taxes. if they're in new york or connecticut, they'd have to pay. >> okay. so how will you...
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Dec 7, 2013
12/13
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FOXNEWSW
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it's going to wind up being taxed on somebody else later. unfortunately, we need them in it. $95, whatever the fine is, they need jail is what happens if you don't do it, because we need 100% of the people under 35 on this plan, subsidizing older people. >> okay. on your christmas table, do you think you'll be talking about this? is that going to convince your nieces and nephews to sign up? >> good lord, no. we talk about how tony romo blew another season for the cowboys most likely. gary b. is chicken little, bernard is a fountain of misinformation. let's break this down. amazon can handle 1 million transactions per minute. this government website can handle 50,000. that's how competent these guys are. these guys are ideologue whos w know nothing about people. they understand they've been sold a bill of goods here, they have been told they can keep their doctor, keep their health plan. they know it's not true. >> let's forget about the website. let's think about, instead, are we going to pay more? >> well, we have to, brenda, look, in berna
it's going to wind up being taxed on somebody else later. unfortunately, we need them in it. $95, whatever the fine is, they need jail is what happens if you don't do it, because we need 100% of the people under 35 on this plan, subsidizing older people. >> okay. on your christmas table, do you think you'll be talking about this? is that going to convince your nieces and nephews to sign up? >> good lord, no. we talk about how tony romo blew another season for the cowboys most...
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Dec 6, 2013
12/13
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CSPAN
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we have tax credits for education. $5,000 tax credit. this is a broad agenda, how we transform communities. it will touch everyone in this city. from the first time they go to school to becoming parents. economic freedom so that will remove government obstacles to success. it will provide a generation of citizens, students, workers with a new bargain, and the government will get underway. it will treat you like an adult. it will treat everyone equally under the law, it will help pairs control their children's future and their education, it have morecreators jobs for workers. it will treat you the same way everyone else, the matter the color of your skin, what part of town you comfort. the bailouts,the excessive taxation, it has not worked. it does not work. we will try a new approach bridge -- approach. you can meet your new challenges ityou rebuild your cities, will endure and prevail. i promise you that i will work you do we do that. thank you very much. [applause] [captions copyright national cable satellite corp. 2013] [captioning pe
we have tax credits for education. $5,000 tax credit. this is a broad agenda, how we transform communities. it will touch everyone in this city. from the first time they go to school to becoming parents. economic freedom so that will remove government obstacles to success. it will provide a generation of citizens, students, workers with a new bargain, and the government will get underway. it will treat you like an adult. it will treat everyone equally under the law, it will help pairs control...
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Dec 3, 2013
12/13
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CNNW
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this is some way you don't have to buy sales tax. that i think is going to be going away. >> that's great for the shopper. that stinks for macy's, the brick and mortar company. >> sure. >> and those with -- the loser here are consumers. the losers up until now have been the bricks and mortar stores. >> and the supreme court never has to comment. >> they're the supreme court. >> christine and i were talking about this issue. and i think what we're doing is forcing congress to act. it's the purview of congress. and what they're saying is, look, we have a judicial job to do which is to determine constitutionality. but you guys in congress, if you want you've formality among states, that's up for you to decide. and new york state, of course, we have the online tax and that was challenged. it was upheld by the court of appeals. in illinois, however, they attempted to model a law right after new york concerning online retailers and it was struck down. that's why there was some hope whenever there's a sorts of a patch work of different stat
this is some way you don't have to buy sales tax. that i think is going to be going away. >> that's great for the shopper. that stinks for macy's, the brick and mortar company. >> sure. >> and those with -- the loser here are consumers. the losers up until now have been the bricks and mortar stores. >> and the supreme court never has to comment. >> they're the supreme court. >> christine and i were talking about this issue. and i think what we're doing is...
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Dec 5, 2013
12/13
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ALJAZAM
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at debt is too great for the tax tax payers have to pay. all parties will have to accept that they will have pain as part of the process. it takes a while to get there. you see detroit with its pensioners saying don't touch us. the goal is to have a fair and proportion nat loss suffered by everybody who is dealing with this city in distress. >> i think david has a good point. the retired city electrician has a face, we can put him on the 6:00 news, and understand him very well. but in the case of, for instance, franklin temple ton and investments, they own $35 million of stockton paper, and in the recent proposal from the city they're offering less than a penny on the dollar. well, franklin temple doesn't have a face. >> it's symmetry. you expect them to have well informed people investing their money. i mean, you might have ill informed people. you might have ordinary people putting their money there, but the person's investing the money is getting paid a lot of money to know that stockton is a high risk place and they made a mistake. ther
at debt is too great for the tax tax payers have to pay. all parties will have to accept that they will have pain as part of the process. it takes a while to get there. you see detroit with its pensioners saying don't touch us. the goal is to have a fair and proportion nat loss suffered by everybody who is dealing with this city in distress. >> i think david has a good point. the retired city electrician has a face, we can put him on the 6:00 news, and understand him very well. but in the...
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in taxes versus revenue? that is where the democrats have their sticking point is they love to spend money that we don't have and republicans are insistent if we have any spending constraint it has to be found in tax savings or tax increases but you cannot have one without the other, that is the real sticking point here. you have immigration. adam: the business community wants some sort of immigration bill to get through congress. any chance we would see this happening or would this be continued delay, delay, delay? >> this would be after the congress in january because it is too big. in order for immigration to succeed it will not be an ominous bill like we had with obamacare. we need incremental bills on immigration talk about security pathway to citizenship, taxation and those type of things in order for immigration bill to go forward. which comes first, the chicken or the egg? a pathway to citizenship. these are the things that have to be ironed out in the open. it also has to be incremental. it cannot be
in taxes versus revenue? that is where the democrats have their sticking point is they love to spend money that we don't have and republicans are insistent if we have any spending constraint it has to be found in tax savings or tax increases but you cannot have one without the other, that is the real sticking point here. you have immigration. adam: the business community wants some sort of immigration bill to get through congress. any chance we would see this happening or would this be...
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worth you might want to join the growing number of wealthy folks taking advantage of more favorable tax nations now according to a u.b.s. and well fed ex billionaire since this whole billionaire hotspots such as singapore switzerland and hong kong have emerged as favored destinations for the ultra rich due to factors like quality of life good education and low taxes now in these third countries their billionaire populations grew up locally by only thirty six thirty four and twenty five percent respectively and the rest they came from afar now rachel i turn to you let's talk about this growing trend do you think it's fair let alone you know morally ok if you made your money here in the u.s. and america provided that place for you to make it free to get up and leave balance to greener tax pastures if you would think that everyone has the right to move where they want and i think it's important we preserve that right but when it comes to the moral question that you asked for people who have benefited from anything in the united states from patent legislation to good roads to the internet t
worth you might want to join the growing number of wealthy folks taking advantage of more favorable tax nations now according to a u.b.s. and well fed ex billionaire since this whole billionaire hotspots such as singapore switzerland and hong kong have emerged as favored destinations for the ultra rich due to factors like quality of life good education and low taxes now in these third countries their billionaire populations grew up locally by only thirty six thirty four and twenty five percent...
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to survive lawmakers in washington are out concerned are more concerned about preserving corporate tax breaks and helping those who need it the most so more and more americans are taking it upon themselves to highlight just how devastating poverty as become in america includes filmmakers harry and joe gantz directors and producers of the new h.b.o. documentary american winter which talks about the struggles of family of families who are facing poverty in portland oregon take a look. at the next door house in our house the house across the street the house three doors down in the house around the corner we're all in foreclosure all of them tomorrow they're going to auction off my house my five acres here i'm scared about this situation right now but it will. i'm scared about the general situation as he gets older he might be here to protect. or. make his life has come to the lips. of. joining me now to talk more about this film from our los angeles studios ferry and joe gantz welcome to both of you thanks for having us thank you what made you guys want to document poverty in america and
to survive lawmakers in washington are out concerned are more concerned about preserving corporate tax breaks and helping those who need it the most so more and more americans are taking it upon themselves to highlight just how devastating poverty as become in america includes filmmakers harry and joe gantz directors and producers of the new h.b.o. documentary american winter which talks about the struggles of family of families who are facing poverty in portland oregon take a look. at the next...
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Dec 2, 2013
12/13
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CSPAN
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what we have done is lift the first £10,000 that people earn out of tax altogether. that is worth £700 for every person who pays that tax. that is something that the hon. gentleman should welcome. in addition, we have frozen the council tax, cut the petrol duty, and helped in all sorts of ways with families' income -- every single step opposed by labour. -- by the party opposite. >> the tibbs foundation provides uplifting support for people living with dementia in bedfordshire and for their carers. following his challenge on dementia last year, and ahead of the g8 summit that he will host in london next month, will my right hon. friend send a message to my constituents about his commitment to achieving real progress on dementia research and care? >> i am grateful to my hon. friend for raising this issue. for too long in our country, people thought of dementia as a natural part of ageing, rather than what it is -- which is a disease that we should be fighting with all the energy with which we are fighting heart disease and cancer. as part of the dementia challenge, w
what we have done is lift the first £10,000 that people earn out of tax altogether. that is worth £700 for every person who pays that tax. that is something that the hon. gentleman should welcome. in addition, we have frozen the council tax, cut the petrol duty, and helped in all sorts of ways with families' income -- every single step opposed by labour. -- by the party opposite. >> the tibbs foundation provides uplifting support for people living with dementia in bedfordshire and for...
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raise property taxes is going to drive more citizens and businesses out of the city that you continue to lend to that city over the past decade and expect to get all of your money back is absolutely ridiculous now how would you gauge the reaction of detroit's unions and their willingness to negotiate. i think it's unfortunate i understand their position they're going to start by not negotiating because they want to get the most that they can in the minute that they put a deal on the table it's just going to shift even further from there so i kind of get where they're coming from but i don't think that they're being realistic nor do i think that they're treating their actual pensioners and the active members of their retirement funds well because in the future if detroit gets back in the situation and it's not taking a lot of debt and the only place that has to cut is on benefits then the people are going to get hurt aren't the leaders of the unions right now but they are the actual retirees in the future if detroit has is completely on stay. well in terms of being able to pay out its
raise property taxes is going to drive more citizens and businesses out of the city that you continue to lend to that city over the past decade and expect to get all of your money back is absolutely ridiculous now how would you gauge the reaction of detroit's unions and their willingness to negotiate. i think it's unfortunate i understand their position they're going to start by not negotiating because they want to get the most that they can in the minute that they put a deal on the table it's...
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Dec 4, 2013
12/13
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CNBC
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they are a tax cut for consumers. they are a tax cut for businesses. that is good for the economy and, therefore, that's good for the stock market. >> agreed, larry, but we had a $4 pop in crude oil. so i think they cut a lot of shorts on hand. it's all about this pipeline, this connection from cushing down to port arthur coming online in january. it caught these shorts on the run. now we're seeing this movement up. lower prices are better for the consumer but right now it seems like we're going test out and see if we can get back to 100. >> that's going change. that's just technical stuff. that's pipeline stuff. that will change and get straight end out. whether the keystone gets built or not is a different question. look, i don't think -- scott, i don't think this is goldilocks because to me goldilocks was 4% growth and 2% inflation. it is kind of mini, mini goldie lock, 2, 2.5% growth and 0% inflation. in that environment, long run investors which is the only kind of investing makes stones me, hang in there, ignore these blips and stay with it becau
they are a tax cut for consumers. they are a tax cut for businesses. that is good for the economy and, therefore, that's good for the stock market. >> agreed, larry, but we had a $4 pop in crude oil. so i think they cut a lot of shorts on hand. it's all about this pipeline, this connection from cushing down to port arthur coming online in january. it caught these shorts on the run. now we're seeing this movement up. lower prices are better for the consumer but right now it seems like...
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Dec 6, 2013
12/13
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FOXNEWSW
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when obama inherited the office, rich people were getting big tax breaks. >> you mean the tax breaks that b obama kept? >> yes. >> now they're not is what you're saying? >> yes, they took the tax breaks away. >> how do you explain the top 1% is outpassing by seven times what the lower 99 are making? >> here's exactly what obama -- >> believe it or not, president obama has actually widened the income gap but in a good way, bob, in a good way, because the 1% is going up, 34%, 99%, 4%, but they're going up, so that's a good thing. incoming equality is a misnomer. if the rising tide is rising all boat, raising all boats, that's a great thing. >> how can you say 15 years the top 1% increase of income take home pay is 247% and middle clashgs over the same 15 years, is 15%? you're saying that's equal? >> he's saying the numbers are rising up and that's good. >> it's better for everyone when this happens. >> when the rich people get richer? >> and the poor people get richer, yes. >> before you continue, let me get greg in here first. because you earlier were talking -- >> this argument about
when obama inherited the office, rich people were getting big tax breaks. >> you mean the tax breaks that b obama kept? >> yes. >> now they're not is what you're saying? >> yes, they took the tax breaks away. >> how do you explain the top 1% is outpassing by seven times what the lower 99 are making? >> here's exactly what obama -- >> believe it or not, president obama has actually widened the income gap but in a good way, bob, in a good way, because the...
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Dec 10, 2013
12/13
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FBC
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you don't pay the taxes. now the other part about it i think people need to look into, in 2007 he had over $9 million worth of stocks. it went up 147%. 2007 a cusp at the top, the market crashed. from the january low. not from 2007, what stocks was he holding? do they benefit from his power or government regulations, i want to know what stocks this guy was holding and why they went up so much. stuart: well said, because we don't know the whole story. the shock value as a man like him has $18 million to lose me first place place and getting around capital gains tax. charles: in the same scheme, where is he getting this cash? stuart: we will hear more. your take on your loss of privacy is next. yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. with fidelity's options platform, we've completely integrated e
you don't pay the taxes. now the other part about it i think people need to look into, in 2007 he had over $9 million worth of stocks. it went up 147%. 2007 a cusp at the top, the market crashed. from the january low. not from 2007, what stocks was he holding? do they benefit from his power or government regulations, i want to know what stocks this guy was holding and why they went up so much. stuart: well said, because we don't know the whole story. the shock value as a man like him has $18...
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Dec 4, 2013
12/13
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CSPAN
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i will postpone the tax one year for small businesses. he is postponing taxes. since i have no life i have read a obamacare. i do not see that in their where the president, we gave him the authority to postpone a tax but he does it. if he has the legal authority to do that, which i doubt, but he used that authority, what is to prevent him from just going and looking at the irs code which is a mess. i do not know any american who thinks the irs code is a good bill. but rather than fix it, we just make it bigger every year. so the president goes to the irs code and says this group of businesses, they are just having a bad year. like green businesses or we could use the energy companies on the other end. the oil and gas industry. i will postpone paying income tax for year. because i said so. dotake this group and something similar. tweak their tax rather than pay 38%. they will pay 20% for the next year. it seems to me if he has the legal authority to amend taxes which the affordable care act is a tax according to the supreme court. what is to prevent him from just
i will postpone the tax one year for small businesses. he is postponing taxes. since i have no life i have read a obamacare. i do not see that in their where the president, we gave him the authority to postpone a tax but he does it. if he has the legal authority to do that, which i doubt, but he used that authority, what is to prevent him from just going and looking at the irs code which is a mess. i do not know any american who thinks the irs code is a good bill. but rather than fix it, we...
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Dec 3, 2013
12/13
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KPIX
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don't forget to add tax. a new state law that took effect last year requires you to pay sales tax for online purchases even if the retailer doesn't add it on up front. business t lers.. >> regardless of whether they charge, you have to pay the tax. if it's not a sales tax at the time of purchase, you're supposed to keep your receipts and pay a use tax at the end of the year. >> brick and mortar stores have long complained they're losing business to online retailers because shoppers aren't forced to pay taxes online. >>> pretty soon the stuff you order online from amazon could be delivered to your door by an unmanned drone. kpix5's allen martin on the new frontier for airmail. >> reporter: from the battlefield to the farm field to your neighborhood park, it was only a matter of time before the drone became part of your shopping experience. >> these are octo copters. these are effectively drones, but there's no reason they can't be used as delivery vehicles. >> reporter: amazon founder and ceo jeff bazos imagin
don't forget to add tax. a new state law that took effect last year requires you to pay sales tax for online purchases even if the retailer doesn't add it on up front. business t lers.. >> regardless of whether they charge, you have to pay the tax. if it's not a sales tax at the time of purchase, you're supposed to keep your receipts and pay a use tax at the end of the year. >> brick and mortar stores have long complained they're losing business to online retailers because shoppers...
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Dec 5, 2013
12/13
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BLOOMBERG
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they are a perverse tax. we are out of line with small and medium with other -- we are out of line with other countries for small and medium enterprises. austerity is not done. austerity to be affected between now and 2016. osborne is unlikely to give a great deal away. he wants to stay the course of prudence. >> he certainly does. there have been leaks about the statement. what is left for the chancellor to surprise us with? >> housing is top of the agenda. least of all for the bank of england, -- not least of all for the bank of england, monetary policy. he might have something about the foreign ownership, a banner issue in london. you being tax on the sale of your ownership if you're a foreign owner. something to do with -- this is the politics of politics. going up against the opposition chancellor saying plan a worked. didn't really work or have things gotten better? they have, thankfully. there will be politics in the houses of parliament, the house of westminster behind me. for married couples. there c
they are a perverse tax. we are out of line with small and medium with other -- we are out of line with other countries for small and medium enterprises. austerity is not done. austerity to be affected between now and 2016. osborne is unlikely to give a great deal away. he wants to stay the course of prudence. >> he certainly does. there have been leaks about the statement. what is left for the chancellor to surprise us with? >> housing is top of the agenda. least of all for the...
SFGTV: San Francisco Government Television
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Dec 6, 2013
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by decreases to the tax rate due to the retirement of other general obligation bonds. we recommend that you approve both the proposed resolution. as well as the ordinance listed. i am happy to respond to any questions. >> thank you mr. rose. colleagues, about questions. supervisor avalos. >> thank you. it's a question not necessarily for mr. rose but like we have done on occasion with the water system improvement program it would be good to get a status update of the hospital rebuild project and i can introduce a hearing for that just to see where we're at in terms of that project and how we're meeting all of our time line and financing goals or maybe you can provide a short summary now. >> good morning. i'm with the department of public works. i am happy to give you an update on where the project is right now what we have accomplished to date, so it's been a busy five years since the prop a was approved in 2008. i have maybe a few slides i can give you. i have it set up. so if you look on the screen there's a couple of milestones that we have accomplished to date. we
by decreases to the tax rate due to the retirement of other general obligation bonds. we recommend that you approve both the proposed resolution. as well as the ordinance listed. i am happy to respond to any questions. >> thank you mr. rose. colleagues, about questions. supervisor avalos. >> thank you. it's a question not necessarily for mr. rose but like we have done on occasion with the water system improvement program it would be good to get a status update of the hospital...
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quick to use your tax dodges. >>wning acres of land in new jersey but pays only $100 of state property tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed but then you rob those anti-poverty programs by calling yourself a former? that is the hypocrisy that is frustrating to see why i wrote the book calling of these people on their duplicity. john: one final example some of the activists are so eager to promote anti- capitalist they glamorize people like bill ears -- bill ayers they killed people and bombed buildings and obama held a fund-raiser in bill ayers living room so robert redford
quick to use your tax dodges. >>wning acres of land in new jersey but pays only $100 of state property tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they...
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all about money and i'm actually sick for a politician write the laws and with the tax rate right. here just to what is it a. copy. of. this week's detroit became the largest municipal bankruptcy in u.s. history after a federal judge steven rhodes ruled that the insolvent city was eligible to file now this new ruling opens the door for the motor city to cut billions of dollars in payments owed to city employees retiree's investors and other creditors earlier i spoke with anthony randolph director of economic research at the reason foundation about the city's bankruptcy troubles and i started off by asking him if he felt the judge's decision to greenlight detroit's chapter nine bankruptcy filing was the right thing to do. i do the made the right decision clearly detroit is insolvent and so the bondholders claims that they could raise taxes to pay off the stat or even sell things their assets are there are that they would have enough money from those sales to pay off their debt and still continue forward those arguments were spirits and the idea that detroit is an insolvent is crazy
all about money and i'm actually sick for a politician write the laws and with the tax rate right. here just to what is it a. copy. of. this week's detroit became the largest municipal bankruptcy in u.s. history after a federal judge steven rhodes ruled that the insolvent city was eligible to file now this new ruling opens the door for the motor city to cut billions of dollars in payments owed to city employees retiree's investors and other creditors earlier i spoke with anthony randolph...
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percent tax, which includes -- >> stephen: 25? a 25 percent tax on a doobaj? >> that's about right, is it not worth it, stephen? >> stephen: it is more tax than toke liberalism in my opinion, why don't you just make it 85 percent and give me your car when you are high. they will never know the difference. take it! >> a certain percentage is definitely going toward the building of schools, i believe it is the first 40 million raised from recreational sales. >> stephen: what were your responsibilities as the pot editor for the denver post be? >> i am hiring a pot critic from colorado, if you know anybody. >> stephen: yeah, yeah, i know a few people but i need them in my editing room. >> you certainly want a reviewer, you want a critic of pot. >> yes. >> stephen: anybody you like? >> i got one via twitter. >> stephen:. >> stephen: dude, i am baked out of my skull. >> you would not be surprised. >> stephen: it gives kids an excuse all over the nation who get caught smoking pot the theyn just tell their parents, mom, i am preparing for
percent tax, which includes -- >> stephen: 25? a 25 percent tax on a doobaj? >> that's about right, is it not worth it, stephen? >> stephen: it is more tax than toke liberalism in my opinion, why don't you just make it 85 percent and give me your car when you are high. they will never know the difference. take it! >> a certain percentage is definitely going toward the building of schools, i believe it is the first 40 million raised from recreational sales. >>...
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by late this would have to pay back taxes and would face a fine that is twice the amount of back taxes. several local cities grow on the end of the twenty thirteen edition of the united nations environment program sponsored the international awards for livable communities. collis who won four gold three silver and green lawn so what's making it that because the winner of the night on a full suitcase for the past several years costume has actively promoted a new prototype of living space for example called to import station was transformed into the home while concorde took part in and its installation art and green expanse is making it a favorite destination of locals and visitors alike. this project with the polk award winner and if you're into national wars for livable communities at the picasso exhibition making sure that if a group containing full impact of high above estimates the city's coastline protection project to clean the street and started chanting pipe which was similarly honored. all in all close to one four gold three silver and three pronged towards making it the top go
by late this would have to pay back taxes and would face a fine that is twice the amount of back taxes. several local cities grow on the end of the twenty thirteen edition of the united nations environment program sponsored the international awards for livable communities. collis who won four gold three silver and green lawn so what's making it that because the winner of the night on a full suitcase for the past several years costume has actively promoted a new prototype of living space for...
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if tax breaks help revitalize a city, what does that tell you? tax increases and increase regulations strangle a city and makes it impossible for it to grow. detroit is rock bottomless. if there's something you can kweez sk squeeze out of that city, you're going to do it. it's time for them to get out and let the republicans have a shot. >> all democrats there were not -- there were a lot of them -- >> they're all in jail, bob. >> if this works and i pray it does work, i'd be willing to say, you're right. low taxes and low regulations help but i'll be the first one to say it. it's a good idea for democrats to stand back and not criticize this right away and say what's our other choice here? >> the republican obama care. >> the free trade zones in texas. >> very quickly, kimberly, there's a bunch of other cities, in fact, the state -- the whole state of illinois is probably in worst shape than the city of detroit. >> that's why i think this is a great platform. it does show he has higher aspirations but i like a man of idea and vision and purpose.
if tax breaks help revitalize a city, what does that tell you? tax increases and increase regulations strangle a city and makes it impossible for it to grow. detroit is rock bottomless. if there's something you can kweez sk squeeze out of that city, you're going to do it. it's time for them to get out and let the republicans have a shot. >> all democrats there were not -- there were a lot of them -- >> they're all in jail, bob. >> if this works and i pray it does work, i'd be...
SFGTV2: San Francisco Government Television
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we will actually looked beyond tax occurrence. that is one of the things we can do as a non-regulated lenders. we are able to look at cash- based businesses in some ways that would be difficult for a larger financial institutions. in terms of lending based on projections, we typically do not lie on -- rely on projections, but unless is a contract that has been awarded. we're really looking at what actually you already have in the household. in terms of credit, we want to see that your credit is currently in good standing, but a mix credit history is ok. that is another way we might differ from a more traditional lender. we want to see that currently, you have no unpaid tax liens, child support, or judgments. we have no automatic credits for cut off. we are more interested in the substance of a client and where they are today. if you have no credit within credit, we can work with that. a portly, and you will hear this from all small business leaders, and it is something to get in your head now, all of our loans are personally guara
we will actually looked beyond tax occurrence. that is one of the things we can do as a non-regulated lenders. we are able to look at cash- based businesses in some ways that would be difficult for a larger financial institutions. in terms of lending based on projections, we typically do not lie on -- rely on projections, but unless is a contract that has been awarded. we're really looking at what actually you already have in the household. in terms of credit, we want to see that your credit is...
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, so that means you'll have less money taxed when you buy your taxes next year. so there's still time to do that. >> are there limits on the amount you can do that on? you can't just put your whole pay check on. >> no, if you're under 50, you can put up to 17,500 in 401k this year. if you're 50 or over, you can put 23,000. so most of us have a lot more room to go. >> and chances are you're not writing a 23,000 check at the end of the year. >> you can't do that anyway. it has to come out of your pay check. you need to talk to your human resources department to put it into your 401k. is there a cut off? december 31st? >> you can make them right up until the end of the year. i tell people, if you use a credit card to make your charitable contributions, and most big charities are happy to accept credit. even if you've paid off the credit card by december 31, it still counts as a contribution for 2013. if you're in a hurry, you have money coming in in january, you can charge your charitable contributions by december 31st. that's a deductible expense for 2013. >> when
, so that means you'll have less money taxed when you buy your taxes next year. so there's still time to do that. >> are there limits on the amount you can do that on? you can't just put your whole pay check on. >> no, if you're under 50, you can put up to 17,500 in 401k this year. if you're 50 or over, you can put 23,000. so most of us have a lot more room to go. >> and chances are you're not writing a 23,000 check at the end of the year. >> you can't do that anyway. it...
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those taxes hold. now will the rest of the states start to decide, you know, we're emboldened, we're going to try to go after more of the taxes. >> the law has been store on this. it started with sport books, betting online. they went back to the 1960s communication acts to find wiretapping and stuff, ways to get their hand on it. this has been happening to are a while, as the internet is creating commerce, government wants a slice. >> right. it's a big slice. it is a really big slice. brick and mortar and online retailers are merging. look at something like amazon, they have 34 mufulfillment cents across the country. i think what it could mean for new york and it has been, some of the big online retailers are going to make sure they're not creating jobs in new york. they want to continue to argue we don't have a physical presence in new york. >> i live here, if i'm buying fishing equipment in tennessee and shipping it to someone else, it's all of these cross state laws. >> everyone says it's messy, ma
those taxes hold. now will the rest of the states start to decide, you know, we're emboldened, we're going to try to go after more of the taxes. >> the law has been store on this. it started with sport books, betting online. they went back to the 1960s communication acts to find wiretapping and stuff, ways to get their hand on it. this has been happening to are a while, as the internet is creating commerce, government wants a slice. >> right. it's a big slice. it is a really big...
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raise property taxes is going to drive more citizens and businesses out of the city that you continue to lend to that city over the past decade and expect to get all of your money back is absolutely ridiculous now how would you gauge the reaction of detroit's unions and their willingness to negotiate. i think it's unfortunate i understand their position they're going to start by not negotiating because they want to get the most that they can in the minute that they put a deal on the table it's just going to shift even further from there so i kind of get where they're coming from but i don't think that they're being realistic nor do i think that they're treating their actual pensioners and the active members of their retirement funds well because in the future if detroit gets back in the situation and it's not taking a lot of debt and the only place that has to cut is on benefits then the people who are going to get hurt aren't the leaders of the unions right now but they are the actual retirees in the future if detroit has is completely on stay. well in terms of being able to pay out
raise property taxes is going to drive more citizens and businesses out of the city that you continue to lend to that city over the past decade and expect to get all of your money back is absolutely ridiculous now how would you gauge the reaction of detroit's unions and their willingness to negotiate. i think it's unfortunate i understand their position they're going to start by not negotiating because they want to get the most that they can in the minute that they put a deal on the table it's...
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raise property taxes is going to drive more citizens and businesses out of the city that you continue to lend to that city over the past decade and expect to get all of your money back is absolutely ridiculous now how would you gauge the reaction of detroit's unions and their willingness to negotiate. i think it's unfortunate i understand their position they're going to start by not negotiating because they want to get the most that they can in the minute that they put a deal on the table it's just going to shift even further from there so i kind of get where they're coming from but i don't think that they're being realistic nor do i think that they're treating their actual pensioners and the active members of their retirement funds well because in the future if detroit gets back in the situation and it's not taking a lot of debt and the only place that has to cut is on benefits then the people who are going to get hurt aren't the leaders of the unions right now but they are the actual retirees in the future if detroit has is completely on stay. well in terms of being able to pay out
raise property taxes is going to drive more citizens and businesses out of the city that you continue to lend to that city over the past decade and expect to get all of your money back is absolutely ridiculous now how would you gauge the reaction of detroit's unions and their willingness to negotiate. i think it's unfortunate i understand their position they're going to start by not negotiating because they want to get the most that they can in the minute that they put a deal on the table it's...
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to taxes are ok pay whatever you think makes sense but any current government tax demands are ludicrous because they support a military that's out of control and does nothing good for anybody ok well we're out of time john mcdonogh time and time to go ok i have to go get some of those intergalactic currency units because i'm heading to andromeda galaxy later it makes sense to do the second a whole lot more. only. live . cross talk rules in effect that means you can jump in anytime you want. what defines a country's success. faceless figures of economic growth. for a factual standard of living. we speak your language. news programs and documentaries in spanish what matters to you breaking news a little turn it into angles stories. for you here to. ensure the spanish. visit. welcome back to the kaiser report imax keyser time out of turn to dr kristen la hosts c f o of the university of. cyprus crystal's welcome to the kaiser report thank you very much it's an honor to be in the troop all right fantastic now your university is the first in the world to accept big coin. what tell us about.
to taxes are ok pay whatever you think makes sense but any current government tax demands are ludicrous because they support a military that's out of control and does nothing good for anybody ok well we're out of time john mcdonogh time and time to go ok i have to go get some of those intergalactic currency units because i'm heading to andromeda galaxy later it makes sense to do the second a whole lot more. only. live . cross talk rules in effect that means you can jump in anytime you want....
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tax is being cut in half. >> i think we have already seen taxes go for high income earners quite drastically your capital gains also went up. in order for you to save medicare, medicaid edentulous something will need to change. these programs will have to be saved, these are what the seniors depend on. americans, most of them-- this is something that has not been taxed. most people retiring have pretax dollars. >> another bad will obamas the bike can withdraw 5% for my portfolio. >>rule is for me to draw five percent for my portfolio. >> we are at half of that, we will look at a. lower interest rates because the central banks are buying their own bonds keep their interest rates low. you will need to have more equity exposure. you will have to deal with a little bit more and know that getting dividends, that is okay. also, bond alternatives. they are just not paying enough and at campbell's value. >>. london let's talk abo >> i am more like two to $4 million spread >> the idea is that a million dollars when you are a kid sounds like a lot a money but the value of the dollar is cut in half eve
tax is being cut in half. >> i think we have already seen taxes go for high income earners quite drastically your capital gains also went up. in order for you to save medicare, medicaid edentulous something will need to change. these programs will have to be saved, these are what the seniors depend on. americans, most of them-- this is something that has not been taxed. most people retiring have pretax dollars. >> another bad will obamas the bike can withdraw 5% for my portfolio....
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Dec 10, 2013
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probably emotionally taxing. you know and he seems okay. he seems like he'll be just fine. >>> newman says he plans to share more about his experience later after recovering his strength. >>> and at ktvu.com we have posted newman's entire statement look for the hot topic segment right on our home page. >>> air force one arrived carrying president obama and michelle obama. it was a 15 hour flight from maryland also on board former president george w. bush and his wife laura along with former secretary of state hillary clinton. former presidents bill clinton and jimmy carter are also traveling to south africa. the memorial at a sports stadium is scheduled to begin in the next few hours. what you're looking at right here are live pictures from that stadium as mourners begin to fill the stand. president obama is among the world leaders scheduled to speak at the memorial. >>> a call for change tonight outside a san francisco tech giant. people impacted bid soaring rents and a rise in evictions took to the streets. ktvu's healther holmes is live
probably emotionally taxing. you know and he seems okay. he seems like he'll be just fine. >>> newman says he plans to share more about his experience later after recovering his strength. >>> and at ktvu.com we have posted newman's entire statement look for the hot topic segment right on our home page. >>> air force one arrived carrying president obama and michelle obama. it was a 15 hour flight from maryland also on board former president george w. bush and his wife...
SFGTV: San Francisco Government Television
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it could be extended sales tax as well, i believe, right, scott? so it does not have to be the new one. >> we have modeled out the extension, and what are the assessment and we have calibrated and to put on ranges here and because we are quite sure because we are looking at future values and revenue streams. but the plans will be, and that is the range, and the range of assumptions and in terms of total funding sources. >> okay. >> and the next page. >> a milestone payment, at the end of completion and that is analogous to a down payment and those funding sources were largely a local contributions from the ta and mtc and the golden gate bridge and some cal transfupds. there could be multiple payments halfway through or all of the final and this is the model and we followed the proceedings and the financial model. and the range for the funds for the short term cash infusions for 1.6 and 1.7 billion dollars, and these are critical to the p3 developer and you heard brian talk about the caring costs and you can imagine the caring cost if you are a p3 d
it could be extended sales tax as well, i believe, right, scott? so it does not have to be the new one. >> we have modeled out the extension, and what are the assessment and we have calibrated and to put on ranges here and because we are quite sure because we are looking at future values and revenue streams. but the plans will be, and that is the range, and the range of assumptions and in terms of total funding sources. >> okay. >> and the next page. >> a milestone...
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have different tax systems. experts point out that some of those systems may have become outdated in the age of the internet. >>> that's it from business. i'll leave you with the market figures. >>> japanese researchers have made a discovery that could help people with a type of cancer that's difficult to treat. they've identified genetic mutations unique to cancer of the bile duct. the researchers studied tissue samples from 66 patients. they found significant mutations in part of a certain gene. about 20,000 people in japan are diagnosed with bile duct cancer every year. the five-year survival rate is just over 20%. he leads the cancer genomics institute in tokyo. >> translator: we hope this discovery will lead to clinical applications as soon as possible. >> researchers say they hope to begin clinical trials by the middle of next year on chemotherapy treatments that zero in on the mutations. >>> japan's emperor and everyone res have received a grand welcome. the imperial couple attended a banquet at the presi
have different tax systems. experts point out that some of those systems may have become outdated in the age of the internet. >>> that's it from business. i'll leave you with the market figures. >>> japanese researchers have made a discovery that could help people with a type of cancer that's difficult to treat. they've identified genetic mutations unique to cancer of the bile duct. the researchers studied tissue samples from 66 patients. they found significant mutations in...
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nokia said to be nearing a deal with india tax authorities. they are said to be willing to pay 300 million euros if they're willing to shift to microsoft. formula one teams will start to byrate under -- control 2015. the new rules will be approved by the end of june next year. low -- welcome "countdown." >> i feel pretty comfortable about the long-term outlook. the longer-term outlook is going to turn on these bigger questions, the business investment, what happens to productivity, what happens to be so-called supply-side of the economy. >> you can test that interview later today when "charlie rose" airs on bloomberg television. let's welcome the chief executive at hermes fund. >> how will investors cope with normalization? >> with difficulty. it is not clear that normalization will happen quickly. >> what governor carney is saying is that this applies to the fed as well. what -- interest rates will be lower than normal for longer than normal. their afraid to do it now because the recovery is not solid in their view. it is this question of how
nokia said to be nearing a deal with india tax authorities. they are said to be willing to pay 300 million euros if they're willing to shift to microsoft. formula one teams will start to byrate under -- control 2015. the new rules will be approved by the end of june next year. low -- welcome "countdown." >> i feel pretty comfortable about the long-term outlook. the longer-term outlook is going to turn on these bigger questions, the business investment, what happens to...
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Dec 4, 2013
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to get in in the year because the smoothie as self employed people pay their taxes and traditionally it's also been the month on which the following year's budget has been pasted it normally you would expect the budget within two or three days of these expect returns to the november above what is that the kids are showing us is that the couple to stop in more tax than they sold to open the gideon and also spending less money than the thought of going to be standing soul for older ahead of the game which is important because that means the budget deficit that is gonna come down a bit as well so the reports of numbers in the big picture. events like these more of that frame of reference is showing that was consistent with a blaze in a number of people being paid for. so what to get and there is that more people in work paid for income tax but also forcing an increase in the eighteen members about the consistent again but more people at work earning a bit more money spending it with a bit more money into a comedy i'm not a drop in the number of people the live register again consistent
to get in in the year because the smoothie as self employed people pay their taxes and traditionally it's also been the month on which the following year's budget has been pasted it normally you would expect the budget within two or three days of these expect returns to the november above what is that the kids are showing us is that the couple to stop in more tax than they sold to open the gideon and also spending less money than the thought of going to be standing soul for older ahead of the...
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more of these for profit schools school choice they call it really it's taxpayer funded vouchers your tax dollars leaving the public system going to private schools with sometimes very little or minimal standards and very little on outcomes so really taking away from public education and putting into private entities another piece of alex upcoming years agenda seems to be stripping environmental regulations you know our protections from polluters yeah you know when i went i'll never forget they had a book they gave us fifty reasons why increased levels of c o two are good for you they gave us a very good seriously seriously by a scientist and this is just a given part of the agenda it's taking away regulation that protect the public. metal standards and continues to make it easier to pollute and harder to have consumer protections for people especially who've been harmed by environmental problems it's extraordinarily they want to reduce patient rights and patient protections how to do this again it goes back to more anti-consumer provisions where you're losing your ability to have protect
more of these for profit schools school choice they call it really it's taxpayer funded vouchers your tax dollars leaving the public system going to private schools with sometimes very little or minimal standards and very little on outcomes so really taking away from public education and putting into private entities another piece of alex upcoming years agenda seems to be stripping environmental regulations you know our protections from polluters yeah you know when i went i'll never forget they...
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to your taxes are ok pay whatever you think makes sense but any current government tax demands are ludicrous because they support a military that's out of control and does nothing good for anybody ok well we're out of time john mcdonogh time to time to go ok i have to go get some of those intergalactic currency units because i'm heading to andromeda galaxy later makes sense to do the second a lot more. i would rather ask questions to people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on our t.v. question for. i play as street cleaner. in love with a waitress i go on stage and imagine that there's an audience i used to take drugs and drink like a fish. the middle east told me about the circus but i was such a punk i was like what circus. or circus of clearly guns. and would break down stereotypes about kids from disadvantaged. welcome back to the kaiser report imax keyser time out of turn to dr kristen lott hosts c f o of the university of nicosia. cyprus crystal's welcome to the kaiser report thank you very much an h
to your taxes are ok pay whatever you think makes sense but any current government tax demands are ludicrous because they support a military that's out of control and does nothing good for anybody ok well we're out of time john mcdonogh time to time to go ok i have to go get some of those intergalactic currency units because i'm heading to andromeda galaxy later makes sense to do the second a lot more. i would rather ask questions to people in positions of power instead of speaking on their...
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don't forget how we pay for those benefits through payroll taxes. how crazy is this program? pretax employers for hiring them and pay people not to work? is one of the craziest programs. >> i think there is some truth to your argument that may come as a surprise but there are also factors to be weighed entire sectors were wiped out in the last recession so it is hard to find suitable employment. >> gives the economy and adapt. >> sometimes you need more time to do that and that is why you get more time. >> died nine weeks? , 99 weeks? jedi that should do it if you cannot block did you go work at mcdonald's sadek but they're not be anymore because we will raise the battle waged. [laughter] dennis: it is set to stop talking but i could be a lot of a job here soon. nice job today. what you see it? the question of that i should the government extend unemployment benefits even if that adds to of employment? log on and we will shut -- share the results at the end of the show. more examples of past government god too far? have the problems plaguy obamacare and the white house said t
don't forget how we pay for those benefits through payroll taxes. how crazy is this program? pretax employers for hiring them and pay people not to work? is one of the craziest programs. >> i think there is some truth to your argument that may come as a surprise but there are also factors to be weighed entire sectors were wiped out in the last recession so it is hard to find suitable employment. >> gives the economy and adapt. >> sometimes you need more time to do that and...
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Dec 5, 2013
12/13
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we'll take personal and corporate tax down to 5%. bring the payroll tax down for the worker and employer. and we'll reduce the red tape and let businesses thrive. we'll invite entrepreneurs from around the country and around the world who want to come to detroit and make it like a mini hong kong. there are great things you can do the. it's amazing how much money accumulates not from other parts of the country but just from detroit's tax base if you don't take it to washington. you leave it in detroit. >> you're saying you will reduce the personal tax liability to 5%. can you do that? you're senator rand paul, one senator. how do you accomplish -- i like the idea. i'm asking how you accomplish it. >> well, if i were president obama i would do it by edict. i'm just a senator so we have to pass it as legislation and get the president to sign it. i can tell you now there is not a lot of enthusiasm for the traditional type of bailout. i don't think that will pass the house of representatives. i think my plan, if democrats would look at it
we'll take personal and corporate tax down to 5%. bring the payroll tax down for the worker and employer. and we'll reduce the red tape and let businesses thrive. we'll invite entrepreneurs from around the country and around the world who want to come to detroit and make it like a mini hong kong. there are great things you can do the. it's amazing how much money accumulates not from other parts of the country but just from detroit's tax base if you don't take it to washington. you leave it in...
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Dec 2, 2013
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>>> taxing online sales. the supreme court has its say. >>> federal investigators are now looking at the black boxes of a train that derailed in new york city on sunday. they want to know what caused the train to jump the tracks, killing four people and injuring dozens more. crews cleared the tracks so service could resume on one of the busiest train lines. jonathan, good afternoon. how are the cleanup efforts going right now? >> well, stephanie, i would say crews are on the final stretches of work, at least here on the scene they brought on a out a cadaver dog. they uprighted most of the cars at this point. this is the final car. if you can see through the bushes here you'll see that final car there. they were just able to upright with these large cranes that they've been using and they've been hauling the other cars away. in fact the one you've been looking at, the earlier video, this is the car that was just inches from the water, where near where the hudson and harl rivers meet. that fourth person found i
>>> taxing online sales. the supreme court has its say. >>> federal investigators are now looking at the black boxes of a train that derailed in new york city on sunday. they want to know what caused the train to jump the tracks, killing four people and injuring dozens more. crews cleared the tracks so service could resume on one of the busiest train lines. jonathan, good afternoon. how are the cleanup efforts going right now? >> well, stephanie, i would say crews are on...
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Dec 3, 2013
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already amazon collects taxes in 16 states. there's still a lot of states out there especially in the midwest that amazon is not collecting taxes. >> which leads to this question is it possible that congress will step in and doing something? >> no one is counting on that. amazon wanted that to happen. they're like why did they want congress do this. they wanted this national e-mers tax for one specific reason. they thought it would be lower than what they would pay at the state and national level and that would keep their competitive advantage around price. they as no longer wanted to deal with this bure aboutaucracy where they had to hire a lot of people. >> how significant was the tax differential in terms of what consumers were buying? in other words as an incentive to buy was the reduction in price because of no tax significance? >> yeah let's just say new york city here. new york city your tax rate is all of your christmas shopping et cetera, that makes a difference. that's another gift. you know that's real money. >> ew t
already amazon collects taxes in 16 states. there's still a lot of states out there especially in the midwest that amazon is not collecting taxes. >> which leads to this question is it possible that congress will step in and doing something? >> no one is counting on that. amazon wanted that to happen. they're like why did they want congress do this. they wanted this national e-mers tax for one specific reason. they thought it would be lower than what they would pay at the state and...
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Dec 3, 2013
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if it's not a sales tax at the time of purchase, you are supposed to keep your receipts and pay a tax at the end of the year. not a lot of people do that. >> stores say they are losing business because shoppers aren't forced to pay taxes online. >> i'm dennis o'donnell, the 49ers look to gain ground in the nfc west and the a's add some to the roster. who is going and whose coming, next. ,,,,,,,,,,,,,,,, baseball jem soon to be followe >>> shakeup day in the a's organization where second baseman is gone. soon to be followed by colone and the closer. just a couple hours ago, the a's acquired jim johnson from the baltimore orioles. johnson had 101 saves in the last two seasons with baltimore. this move means the grand ball four is not coming back. the a's reportedly signed starting pitcher, scott, to a two-year deal worth $22 million. he was with the indians last season that means that the closer is gone as is the closer. i'll get it together. fred couples, 12 men. defense dominates the same offense, drew brees fumbles in midair. the seahawks win. they are 11-1. three games up on the 49e
if it's not a sales tax at the time of purchase, you are supposed to keep your receipts and pay a tax at the end of the year. not a lot of people do that. >> stores say they are losing business because shoppers aren't forced to pay taxes online. >> i'm dennis o'donnell, the 49ers look to gain ground in the nfc west and the a's add some to the roster. who is going and whose coming, next. ,,,,,,,,,,,,,,,, baseball jem soon to be followe >>> shakeup day in the a's organization...
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worth you might want to join the growing number of wealthy folks taking advantage of more favorable tax nations now according to a u.b.s. and well fed ex billionaire since this whole billionaire hotspots such as singapore switzerland and hong kong have emerged as favorite destinations for the ultra rich due to factors like quality of life good education and low taxes now in these third countries their billionaire populations grew up locally by only thirty six thirty four and twenty five percent respectively and the rest they came from afar now rachel i turn to you let's talk about this growing trend do you think it's fair let alone you know morally ok if you made your money here in the u.s. and america provided that place for you to make it free to get up and leave balance to greener tax pastures if you would think that everyone has the right to move where they want and i think it's important that we preserve that right but when it comes to the moral question that you ask for people who have benefited from anything in the united states from patent legislation to good roads to the intern
worth you might want to join the growing number of wealthy folks taking advantage of more favorable tax nations now according to a u.b.s. and well fed ex billionaire since this whole billionaire hotspots such as singapore switzerland and hong kong have emerged as favorite destinations for the ultra rich due to factors like quality of life good education and low taxes now in these third countries their billionaire populations grew up locally by only thirty six thirty four and twenty five percent...
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Dec 4, 2013
12/13
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CSPAN
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because they will trigger taxes, tax penalties on employers and individuals in those 34 states that have refused to establish an exchange and a number of those employers and individuals, including two state attorneys general, 15 indiana school districts and a dozen more private employers and private citizens have filed suit. four different lawsuits. in fact one of them will have oral arguments this afternoon in washington, d.c. there is judicial remedy for some of these abuses. >> chair now recognizes the gentleman from new york. mr. nadler. >> thank you, mr. chairman. professor rosenkranz has written in the "wall street journal" an oped piece abraham lincoln would not approve. that you comment on that, lincoln would disapprove? >> i read that article with some amusement, i have to say, professor rosenkranz. i think that president lincoln would chuckle at the notion that there is an equation between suspending the writ of habeyuss corps us with a temporary delay in the implementation of regulation that is part of a very complex new law, which is something that happens under all admi
because they will trigger taxes, tax penalties on employers and individuals in those 34 states that have refused to establish an exchange and a number of those employers and individuals, including two state attorneys general, 15 indiana school districts and a dozen more private employers and private citizens have filed suit. four different lawsuits. in fact one of them will have oral arguments this afternoon in washington, d.c. there is judicial remedy for some of these abuses. >> chair...
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Dec 10, 2013
12/13
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CNNW
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he will need some tax increases. will you help the president now that we're in a new era looking for the grand bargain? >> this has tax increases. >> they call them fees. >> people in kansas will pay more money to washington and they know how that works. they had a big tax inl crease last january. the problem is spending. this deal raises spending at the end of the day. >> we are, we're very low. we did, we came up a little bit, not a whole lot. we're in a new era. there could be another bipartisan deal that could be more to your liking for deficit reduction. you and i both know, you will have to accept some tax releases. are you willing to get the debt off the backs. your kids? are you willing to compromise or whatever the word is with this president? >> this deal does not help the economy. we need a growing economy. we need less regulations and we haven't even talked about the president's health care plan. you have to roll back on something. >> i have to say that continuing with this sequester, this austerity budge
he will need some tax increases. will you help the president now that we're in a new era looking for the grand bargain? >> this has tax increases. >> they call them fees. >> people in kansas will pay more money to washington and they know how that works. they had a big tax inl crease last january. the problem is spending. this deal raises spending at the end of the day. >> we are, we're very low. we did, we came up a little bit, not a whole lot. we're in a new era. there...
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banking industry in switzerland has been synonymous and the tourist tax evasion and tax dodges so in a way it is right is it not that they should be clamped down on just briefly. but that's somewhere that's something that we've been doing for many years here in switzerland and i would say most most of the business here is is tax compliant and has been going tax compliant for many years and certainly with europe has been very good arrangements to to go that way and without all these onerous fines i might add on these students so i think the u.s. is is as it has come to some sort of agreements with the swiss authorities to also deal with the legacy issues from the past. just it seems it seems that the smaller banks are are are are going to be. going to be hurt a lot more than the them is justified even because for them it's virtually impossible i think to to really go through the whole exercise and end up proving that they've done nothing wrong but in the meantime of course the millions of dollars really interesting that your perspective on the sea on thank you very much in the eagle m
banking industry in switzerland has been synonymous and the tourist tax evasion and tax dodges so in a way it is right is it not that they should be clamped down on just briefly. but that's somewhere that's something that we've been doing for many years here in switzerland and i would say most most of the business here is is tax compliant and has been going tax compliant for many years and certainly with europe has been very good arrangements to to go that way and without all these onerous...
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ceased to exist if the euro does go belly up the german authorities could potentially still collect tax if everyone started using bitcoin that's a good example of german forward thinking well the germans appreciate the engineering behind but the germans appreciate that the i.m.f. is bankrupt and that if the euro were ever to encounter some existential crisis the i.m.f. is not going to bail out the euro but bitcoin could potentially bail out the euro and they talk about bitcoin being able to extinguish debt this is generally the terms used by the austrian school of economics that talk about gold as the only debt extinguisher that is worthy of the name and now we have bitcoin so the only thing we don't have is the majority of the austrian economic school adopting or accepting bitcoin for what it is and we are but they will they will fall like dominoes one by one they will all come over to the side of the debate and the citi group also this past week while the world's media was paying attention to the china story citi group also said that reserve managers may be starting to look at bitcoin
ceased to exist if the euro does go belly up the german authorities could potentially still collect tax if everyone started using bitcoin that's a good example of german forward thinking well the germans appreciate the engineering behind but the germans appreciate that the i.m.f. is bankrupt and that if the euro were ever to encounter some existential crisis the i.m.f. is not going to bail out the euro but bitcoin could potentially bail out the euro and they talk about bitcoin being able to...
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Dec 10, 2013
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probably emotionally taxing. you know and he seems okay. he seems like he'll be just fine. >>> newman says he plans to share more about his experience later after recovering his strength. >>> and at ktvu.com we have posted newman's entire statement look for the hot topic segment right on our home page. >>> air force one arrived carrying president obama and michelle obama. it was a 15 hour flight from maryland also on board former president george w. bush and his wife laura along with former secretary of state hillary clinton. former presidents bill clinton and jimmy carter are also traveling to south africa. the memorial at a sports stadium is scheduled to begin in the next few hours. what you're looking at right here are live pictures from that stadium as mourners begin to fill the stand. president obama is among the world leaders scheduled to speak at the memorial. >>> a call for change tonight outside a san francisco tech giant. people impacted bid soaring rents and a rise in evictions took to the streets. ktvu's healther holmes is live
probably emotionally taxing. you know and he seems okay. he seems like he'll be just fine. >>> newman says he plans to share more about his experience later after recovering his strength. >>> and at ktvu.com we have posted newman's entire statement look for the hot topic segment right on our home page. >>> air force one arrived carrying president obama and michelle obama. it was a 15 hour flight from maryland also on board former president george w. bush and his wife...
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Dec 6, 2013
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trace gallagher has the story. >> reporter: the tax is called a reinsurance fee. it's on nearly every health plan for the first three years, meant to raise about $25 billion over the three years to help pay for people with pre-existing conditions. if the change is approved nobody would be exempt next year. in 2015 and 2016 groups that act as their own insurance companies and their own claims processors would be exempt to unions that self-insure would greatly benefit. republican senator orin hatch says it certainly looks like the obama administration is looking at a special deal for unions which is deeply concerning given the problems that all americans are facing due to obama care. now the unions argue this is not aimed at them. it's not nearly enough. the laborers union says, again quoting, as the new regulations offer no substantive relief for our health care plan the laborers union will continue to look for opportunities to fix this egregious tax on our members and their families. remember, the unions fought to help the president get elected and fought to pass
trace gallagher has the story. >> reporter: the tax is called a reinsurance fee. it's on nearly every health plan for the first three years, meant to raise about $25 billion over the three years to help pay for people with pre-existing conditions. if the change is approved nobody would be exempt next year. in 2015 and 2016 groups that act as their own insurance companies and their own claims processors would be exempt to unions that self-insure would greatly benefit. republican senator...
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Dec 9, 2013
12/13
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BLOOMBERG
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clamping down on tax evasion. toss banks are being asked voluntary have a disclosure program with the u.s. department of justice. manus cranny is here. will be the end of swiss banks? >> we have a turning point. from told thousand seven, the u.s. -- from 2007, the u.s. has pursued tax evaders by whistleblowers. we are entering a new spectrum with the u.s. justice department going after them. protecting you are and who you are trying to protect from taxing. with tax a little bit more leniently with you. you have anonymity. the germans are saying, no. the u.s. is going after identity, identity. that is the critical part for the u.s. authorities. invadedlion was being off taxation by u.s. citizens. this is the point. since the whistleblowers' admissions started, citizens are in swiss.have money they declared. you see the amount of money by 70%. 68 tax evaders have been charged. banks have been fined. >> what could be the penalties? >> 16 banks under investigation at the moment. no plea bargaining for them. could face
clamping down on tax evasion. toss banks are being asked voluntary have a disclosure program with the u.s. department of justice. manus cranny is here. will be the end of swiss banks? >> we have a turning point. from told thousand seven, the u.s. -- from 2007, the u.s. has pursued tax evaders by whistleblowers. we are entering a new spectrum with the u.s. justice department going after them. protecting you are and who you are trying to protect from taxing. with tax a little bit more...
SFGTV2: San Francisco Government Television
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Dec 3, 2013
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you will get a tax credit. if you need to make changes in the structure of your premises, there are also tax credits for that. most of these cases start with a letter. a demand letter. that is usually signed not by a lawyer, but by it up plaintive. the plaintiff may not be a professional plaintiff. that does not make any difference. the defense has been tried in court. is a civil rights statute. -- it is a civil rights statute. they can be a perfectly legitimate plaintiffs to bring a lawsuit, and there are a number of people who belong to disability organizations that actually, that is what their livelihood is, bringing these lawsuits. the gentleman over here, who was also a lawyer knows of at least one case involving two lawsuits. they started all neighborhoods. the target places like san francisco because this is an old city with old buildings, virtually none of which comply. we only have new construction that would be billed to 1988 compliance standards, usually. whatever kind of business you have, the build
you will get a tax credit. if you need to make changes in the structure of your premises, there are also tax credits for that. most of these cases start with a letter. a demand letter. that is usually signed not by a lawyer, but by it up plaintive. the plaintiff may not be a professional plaintiff. that does not make any difference. the defense has been tried in court. is a civil rights statute. -- it is a civil rights statute. they can be a perfectly legitimate plaintiffs to bring a lawsuit,...
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to taxes are ok pay whatever you think makes sense but any current government tax demands are ludicrous because they support a military that's out of control and does nothing good for anybody ok well we're out of time john mcdonogh time the time to go ok well i have to go get some of those intergalactic currency units because i'm heading to andromeda galaxy later makes sense to the second half a lot more. please. tell me. the. pledge it was a compliment very hard to take out a plan to get along here disciplined life has never had sex with the perfect their lives let's play. lists. lists lists lists lists lists lists lists lists play. live. what defines a country's success. faceless figures of economic growth. or a factual standard of living. welcome back to the kaiser report imax keyser time now to turn to dr kristen la hosts c f o of the university of. cyprus crystal's welcome to the kaiser report thank you very much it's an honor to be in the true alright fantastic now your university is the first in the world to accept bitcoin. what tell us about. actually the us because he's a son i
to taxes are ok pay whatever you think makes sense but any current government tax demands are ludicrous because they support a military that's out of control and does nothing good for anybody ok well we're out of time john mcdonogh time the time to go ok well i have to go get some of those intergalactic currency units because i'm heading to andromeda galaxy later makes sense to the second half a lot more. please. tell me. the. pledge it was a compliment very hard to take out a plan to get along...
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Dec 10, 2013
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he is about lowering taxes and keeping taxes low. he is going after education who in new jerseyç or any place el doesn't agree needs to be ramps up. and keeping texas down. more of us keeping more of our money. >>ç conservatives don't love h for a variety of reason ares. the questions that i asked chris too, do conservatives have something toç learn? >> i have to say, i have always said that chris christie is the one that i'm most concerned about regardless of who is on thatç platform with a d on the chest. we saw with romney even though he was a mormon and a lot of the more christian conservatives im, at the end of the day you have a democrat and a republican they will put their support to chris christie. but i think he has great appeal in new jersey and heç should. i'm not sure they go dgoing to transcend on a national level. i think he will have some problem with the gay vote which is a vastç growing politicaly force in america. >> and it is all about the beginning of the race called the primaries as well. >> right now
he is about lowering taxes and keeping taxes low. he is going after education who in new jerseyç or any place el doesn't agree needs to be ramps up. and keeping texas down. more of us keeping more of our money. >>ç conservatives don't love h for a variety of reason ares. the questions that i asked chris too, do conservatives have something toç learn? >> i have to say, i have always said that chris christie is the one that i'm most concerned about regardless of who is on...
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Dec 4, 2013
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they're tax-he exempt. they're creating legislation was claiming a charity doing no political work at all. and therefore tax-exempt. so they're trying to set up a new project called the jeffersonian project, which will be a different tax exempt status that would allow them to do more lobbying. >> ken, there are obviously some changes perhaps afoot in what these tax exempt organizations could do. how might that impact this idea that a.l.e.c. creates this new 501(c)(4)? >> from what i understand, this 501(c)(4) created fits the definition of what they're supposed to do. that is lobbying on legislation, issue advocacy, where the 501(c)(4)s kind of ran afoul in the mind of critics of what the tax law says, is when they became more overt political organizations and gauging in campaigns, airing attack ads, the karl rove group, americans for prosperity, the koch brothers group, where they went after president obama. well, that is more overt political activity, whereas these 501(c)(4)s are supposed to do more issue
they're tax-he exempt. they're creating legislation was claiming a charity doing no political work at all. and therefore tax-exempt. so they're trying to set up a new project called the jeffersonian project, which will be a different tax exempt status that would allow them to do more lobbying. >> ken, there are obviously some changes perhaps afoot in what these tax exempt organizations could do. how might that impact this idea that a.l.e.c. creates this new 501(c)(4)? >> from what i...
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Dec 3, 2013
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inflation is a tax. you lower the inflation rate, that's a cut. oil is a tax. i know the retail stuff is disappointing and dominic's reporting is accurate. on the other hand, the economy is growing at 2%, 2.5%. profits are rising, interest rates are low. you're not going to have the fed slow down in bond buying until march. that's my message from today's retail sales. >> i agree with you. the last part you mentioned is the most important of all. what's really spurred the stock market has been janet yellen. we're going to get a continuation of bernanke's policies and at least for the near term possibly even an acceleration -- at least versus expectations. people who thought taper was going to be in september, that obviously didn't happen. i don't think taper is happening imminently. spring at the earliest. that's enough probably to keep assets going. having said that, you want to be in careful places. go-go momentum stocks have seen drops -- >> we should be going through and parsing this out. but i'm an index guy. i know i'm not smart enough -- dom dominic, the
inflation is a tax. you lower the inflation rate, that's a cut. oil is a tax. i know the retail stuff is disappointing and dominic's reporting is accurate. on the other hand, the economy is growing at 2%, 2.5%. profits are rising, interest rates are low. you're not going to have the fed slow down in bond buying until march. that's my message from today's retail sales. >> i agree with you. the last part you mentioned is the most important of all. what's really spurred the stock market has...
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there are no tax increases here. and point number three, we are finally starting to deal with auto pilot spending. the mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided budget agreement since 1986. the reason we haven't done a budget agreement when both houses were controlled by other parties is because it is not easy to do. so we are not going to get everything we want, and she won't get everything she wants [ inaudible question ]. >> i think we will pass this to the house and we'll go first given our schedules in the house, we will post this on our website today, this evening and we intend to bring it to the house floor later on this week. i have every reason to expect great support from our caucus because we are keeping our principals. the key is here nobody had to sacrifice their core principles. our principles are don't raise taxes an reduce the deficit. and we have concerned members about defense. the next hit from the sequester would hit solely on
there are no tax increases here. and point number three, we are finally starting to deal with auto pilot spending. the mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided budget agreement since 1986. the reason we haven't done a budget agreement when both houses were controlled by other parties is because it is not easy to do. so we are not going to get everything we want, and she won't get everything she wants [ inaudible question ]....
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if it's not a sales tax at the time of purchase you're supposed to keep your receipts and pay the tax at the end of the year. people don't do it. >> stores are losing business to online retailers because shoppers aren't forced to pay some taxes online. >>> a new planned parenthood facility opening today in san mateo county. it is in the north fair oaks area just outside redwood city. protestors are trying to stop it and as kpix 5's ryan takeo reports, this comes two years after a public backlash prevented the group from opening nearby. >> it's troubling to our community that this kind of healthcare is coming and a breakdown of family values. >> reporter: linda potter has lived in redwood city for 50 years. she and a group of protestors are opposed to the opening of a planned parenthood clinic on el camino real. potter says it's not just about abortion. she says the clinic will lower property values. >> this isn't helping. this used to be a family restaurant where they could have community. and now it's a blight. >> we come to expect a bit of a presence of protestors at some of our hea
if it's not a sales tax at the time of purchase you're supposed to keep your receipts and pay the tax at the end of the year. people don't do it. >> stores are losing business to online retailers because shoppers aren't forced to pay some taxes online. >>> a new planned parenthood facility opening today in san mateo county. it is in the north fair oaks area just outside redwood city. protestors are trying to stop it and as kpix 5's ryan takeo reports, this comes two years after a...